Insider buying last 90 days
No open-market insider purchases were filed for TRGP in the last 90 days.
From Form 4 filings, dated to when each was filed.
Every TRGP insider filing, plotted on the chart in Gekko.Open TRGP in Gekko
NYSE: TRGP
Targa Resources (TRGP) Stock Analysis & Forecast
Nov 4 close
$285.00−13.56 (−4.5%)
Gekko Brief
AI summaryNov 4 closeTarga Resources heads into its third-quarter results amid a sector-wide pullback in energy midstream names, with shares falling 6.43% on Monday to $294.73 and then another 6.2% to $295.57 as peers Williams Companies, Cheniere Energy and ONEOK also sold off. Analysts are looking for earnings of $2.70 per share on revenue of $4.74 billion, with attention on whether strong Permian Basin activity can offset anticipated weakness in the logistics and transportation business. Some recent commentary has flagged renewed earnings optimism and pointed to a possible undervaluation case following the pullback.
The stock closed at $285.00, down 4.5%, sitting between its 50-day average of $290.28 and 200-day average of $261.23, a mixed trend picture. The GekkoIndex reads 60.2, placing Targa in the Accumulation zone, up 10.6 over the past five readings. Price sits 6.9% below Gekko Fair Value of $306.27.
Targa reports third-quarter results on 5 November, with the prior quarter showing EPS of $3.54 against an estimate of $2.83 and a last reaction of -1.2%; across the trailing eight quarters it has beaten estimates 5 times. No insider, Congress or unusual options activity appears in the respective 90-day and 30-day windows. Seasonality from this point has averaged +5.1% over the next 20 trading days across 5 years, rising in 4 of them. Consensus among 17 covering firms stands at buy, with a target of $330.19.
Written by AI from the Nov 4, 2026 close and checked automatically against the figures on this page.
Targa Resources price vs fair value
Close $285.00200-day averageGekko Fair Value $306.27
Targa Resources quick facts
- Market cap
- $61.11B
- P/E ratio
- 30.1
- Forward P/E
- 25.5
- EPS, TTM
- $9.79
- Revenue, TTM
- $16.74B
- Profit margin
- 13.6%
- Dividend yield
- 1.43%
- Beta
- 0.74
- Volume
- 2.05M avg 1.16M
- 1-year return
- +82.6%
- Typical daily move
- ±3.4%
- Typical 20-day move
- ±5.9%
- 50-day average
- $290.28
- 200-day average
- $261.23
- Next earnings
- Nov 5
- Shares outstanding
- 214.4M
Targa Resources swing-trade checklist
Targa Resources scores 3 supportive, 1 mixed and 1 headwind across the 5 checklist items with data.
Six things swing traders check before a 20-day hold, read from the latest data.
3 supportive1 mixed1 headwind
- Trendmixed
Averages disagree
Close $285.00 sits between the 50-day ($290.28) and 200-day ($261.23) averages, or the averages disagree.
See the chart - GekkoIndexsupportive
60.2, Accumulation
Reading 60.2 is in the Accumulation zone.
See the GekkoIndex - Fair valuesupportive
6.9% below
Price is 6.9% below Gekko Fair Value (more than 5% below).
See fair value - Smart moneyno data
No data
No insider, Congress or unusual options activity in the window.
See smart money - Earnings riskheadwind
Reports today
Reports on Nov 5, 2026, today — inside a typical 20-trading-day hold.
See earnings - Seasonalitysupportive
+5.1% on average
From this point in the calendar, the next 20 trading days averaged +5.1% over 5 years, rising in 4 of them.
See seasonality
A description of current data, not a recommendation. How this page works
Targa Resources stock chart and price history
Targa Resources closed at $285.00 on Nov 4, 2026, +82.6% over the past year, inside a 52-week range of $152.22 to $316.60.
Close50-day average200-day averageVolume
Use the left and right arrow keys to read daily values.
Performance Breakdown
- 1 month
- −0.3%
- 3 months
- +6.3%
- 6 months
- +14.2%
- 1 year
- +82.6%
The full TRGP chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open TRGP in Gekko
Follow Targa Resources through every session
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About Targa Resources
Targa Resources works across the middle of the North American energy chain, handling infrastructure that gathers, processes, transports and stores natural gas, natural gas liquids and crude oil. Its work includes collecting and treating natural gas, fractionating and moving NGLs, and gathering and selling crude oil, alongside wholesale propane distribution and services for LPG exporters. The company is also known for the scale of its network, which includes roughly 28,400 miles of natural gas pipelines, 42 processing plants, and 34 storage wells with about 76 million barrels of gross capacity.
Operations are organized into two segments, Gathering and Processing, and Logistics and Transportation. Through these, Targa serves a mix of customers that includes multi-state retailers, independent businesses, end-users, and refineries and petrochemical companies along the Gulf Coast, while also buying, marketing and reselling natural gas and NGL products, and offering NGL balancing and transport support using a fleet of leased railcars, transport tractors and NGL barges.
Targa Resources was founded in 2005 and is based in Houston, Texas. Its shares are listed on the NYSE under the ticker TRGP.
- Listed
- NYSE
- Sector
- Utilities
- Industry
- Gas distributors
- Website
- targaresources.com
Targa Resources GekkoIndex: the smart money zone
Targa Resources’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 60.2, in the Accumulation zone, up 10.6 points over five sessions.
60.2Accumulation
Up 10.6 points over five sessions, from the Neutral zone.
Reading for Nov 4, 2026
What followed past readings in each zone
| Zone | Readings | 5 days | 20 days | ||
|---|---|---|---|---|---|
| Buying | 10 | +4.0% | +6.6% | ||
| Accumulation (current zone) | 127 | +1.5% | +5.3% | ||
| Neutral | 457 | +0.7% | +3.0% | ||
| Distribution | 94 | +1.9% | +6.1% | ||
| Selling | 9 | Too few readings yet | |||
Average TRGP share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Accumulation readings averaged +2.0% over 20 days. Past behaviour doesn’t guarantee future results.
Accumulation zone: Institutional interest building. About the five zones →
See every daily GekkoIndex reading plotted over the TRGP price, zone by zone.Track TRGP in Gekko
Is Targa Resources stock overvalued? Gekko Fair Value
Targa Resources trades 6.9% below Gekko Fair Value of $306.27, so the shares are undervalued on Gekko’s estimate.
Gekko’s own estimate of what Targa Resources shares are worth, recalculated every trading day.
$306.27
Gekko Fair Value, Nov 4, 2026
6.9% Undervalued
At the end of Aug 2026 the price was 1.1% below the estimate.
Gekko Fair ValueShare price, month end
Gekko Fair Value on every chart, with the gap to price updating daily.Open TRGP in Gekko
Targa Resources insider and Congress trading
No open-market insider purchases were filed for Targa Resources, and no Congress trades were disclosed, in the last 90 days.
Plus buybacks, unusual options and fund positions, each dated to when it became public.
Congress trades last 90 days
No trades in TRGP were disclosed by members of Congress in the last 90 days.
From congressional disclosures, which report amounts as ranges.
Congress disclosures for TRGP, plotted on the chart in Gekko.Open TRGP in Gekko
Buybacks
Targa Resources has been buying back its own shares.
- Bought back, quarter ended Jun 30, 2026
- $80.10M
- As a share of market cap
- 0.13%
- Trailing four quarters
- $327.7M
From company filings.
Hedge funds and billionaires quarter ended Jun 30
1of the funds Gekko tracks holds TRGP.
0added1opened0trimmed0sold out
Which funds are on each side, name by name.Unlock in Gekko
Targa Resources earnings: next date and track record
Targa Resources reports on Nov 5, 2026 (today), and beat the EPS estimate in 5 of its last 8 reports.
Next earnings report
Nov 5, 2026
Today
- EPS estimate
- $2.74
- Revenue estimate
- $4.77B
5 of 8reports beat the EPS estimate
±4.3%average move across the report
4 of 8reports followed by a gain
Share-price move across each report
Last earnings call, Aug 6, 2026 AI summary
- What they said
- Targa reported record Q2 2026 results with adjusted EBITDA up 38% year-over-year. Permian volumes hit a record 7.2 Bcf/day, up 14% YoY and 7% QoQ, driving records across NGL transportation, fractionation, and LPG exports. Strong performance occurred despite weather challenges, gas takeaway constraints, and negative Waha pricing in H1 2026. Marketing businesses outperformed expectations amid constrained gas egress environment.
- Guidance
- Management now expects to finish at the top end of adjusted EBITDA guidance, implying ~$1 billion growth over 2025. Hugh Brinson Phase 1 and GCX expansion coming online are resolving Permian shut-ins, with volumes tracking above February expectations and positioning well for 2027 momentum.
| Reported | EPS | Revenue | Move |
|---|---|---|---|
| Aug 6, 2026 | $3.54 est $2.83 | $4.44B est $4.90B | −1.2% |
| May 7, 2026 | $2.21 est $2.48 | $4.09B est $4.68B | −0.6% |
| Feb 19, 2026 | $2.51 est $2.30 | $4.06B est $4.73B | +1.6% |
| Nov 5, 2025 | $2.20 est $2.11 | $4.20B est $4.56B | +9.9% |
| Aug 7, 2025 | $2.87 est $1.86 | $4.03B est $4.89B | +1.3% |
| May 1, 2025 | $0.91 est $1.98 | $4.56B est $4.90B | −5.3% |
| Feb 20, 2025 | $1.44 est $1.92 | $4.41B est $4.48B | −4.7% |
| Nov 5, 2024 | $1.74 est $1.55 | $3.85B est $4.06B | +10.0% |
“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.
Targa Resources stock forecast and analyst price targets
Analysts’ average 12-month price target for Targa Resources is $330.19, +15.9% from the last close, from 17 firms rating the stock in the last 90 days.
$330.19consensus 12-month target, +15.9% from the last close
Now $285.00Avg $330.19
Low $294High $359
Each firm’s latest rating in the last 90 days: 17 firms.
Latest analyst actions
| Date | Firm | Target | vs price |
|---|---|---|---|
| Oct 20 | Raymond James | $340 | +19.3% |
| Oct 16 | TD Cowen | $345 | +21.1% |
| Oct 15 | Scotiabank | $319 | +11.9% |
| Oct 15 | Bank of America Securities | $330 | +15.8% |
| Oct 15 | Jefferies | $326 | +14.4% |
+5.3%average 20-day move after past Accumulation readings
+5.1%average move over the next 20 trading days in the last 5 years
±3.4%typical daily move, from the 14-day average range
Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.
Targa Resources seasonality: the next 20 trading days
Over the next 20 trading days from Nov 4, Targa Resources averaged +5.1% across the last 5 years, rising in 4 of them.
Next 20 trading days, by year
Average move and hit rate
| Window | Average | Years higher |
|---|---|---|
| Next 5 trading days | +5.0% | 3 of 5 |
| Next 10 trading days | +5.0% | 3 of 5 |
| Next 15 trading days | +5.9% | 3 of 5 |
| Next 20 trading days | +5.1% | 4 of 5 |
| Next 30 trading days | +1.9% | 2 of 5 |
For scale, TRGP’s typical 20-trading-day move in either direction is about 5.9%.
Targa Resources market cap and key statistics
Targa Resources’s market cap is $61.11B, with a P/E ratio of 30.1 and revenue of $16.74B over the last twelve months.
Valuation
- Market cap
- $61.11B
- P/E ratio
- 30.1
- Forward P/E
- 25.5
- EPS, TTM
- $9.79
- Gekko Fair Value
- $306.27
Trading
- Volume
- 2.05M
- Avg volume, 20 days
- 1.16M
- 52-week high
- $316.60
- 52-week low
- $152.22
- Shares outstanding
- 214.4M
Financials
- Revenue, TTM
- $16.74B
- Profit margin
- 13.6%
- Return on equity
- 70.8%
- Quarterly earnings growth, YoY
- +23.3%
Risk and income
- Beta
- 0.74
- Typical daily move
- ±3.4%
- Typical 20-day move
- ±5.9%
- Dividend yield
- 1.43%
Targa Resources stock news this week
Coverage of Targa Resources this week reads neutral: 6 positive, 7 neutral and 2 negative headlines.
- Targa Resources earnings loom: Can Permian offset export weakness?Investing.com, Nov 4
- Targa Resources Corp. (TRGP) Seasonal returns chart - Yahoo FinanceYahoo Finance Singapore, Nov 3
- Targa Resources Corp. stock outperforms competitors on strong trading dayMarketWatch, Nov 3
- Targa Resources (TRGP) Draws Fresh Earnings Optimism, Is The 9% Undervaluation Case Compelling?Simply Wall St, Nov 3
- Targa Resources (TRGP) Q3 Earnings on the Horizon: Analysts' Insights on Key Performance MeasuresZacks Investment Research, Nov 3
- Targa Resources Drops 6.2% Amid Sector-Wide SellingAlphaStreet, Nov 2
Targa Resources peers
Targa Resources’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.
| Stock | GekkoIndex zone | vs Fair Value |
|---|---|---|
| ATOAtmos Energy | Neutral | 2.8% above |
| CQPCheniere Energy Partners | Buying | 40.1% below |
| NINiSource | Neutral | 21.4% above |
| SWXSouthwest Gas | Neutral | 0.3% below |
| BKHBlack Hills | Distribution | 6.0% above |
| NJRNewJersey Resources | Neutral | 0.7% below |
A peer links to its own page where one exists.
Targa Resources stock FAQ
What is Targa Resources’s market cap?
Targa Resources’s market cap is $61.11B at the Nov 4, 2026 close of $285.00, with 214.4M shares outstanding. The shares trade on a P/E ratio of 30.1.
What is the Targa Resources stock forecast?
The consensus analyst 12-month price target for Targa Resources is $330.19, +15.9% from the last close. Of the 17 firms that rated the stock in the last 90 days, 17 rate it a buy, 0 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.
Is Targa Resources stock overvalued or undervalued?
On Gekko’s estimate Targa Resources is undervalued: the Nov 4, 2026 close of $285.00 is 6.9% below Gekko Fair Value of $306.27. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.
When does Targa Resources report earnings next?
Targa Resources is expected to report on Nov 5, 2026 (today). Analysts expect earnings of $2.74 per share on revenue of $4.77B. Targa Resources beat the earnings estimate in 5 of its last 8 reports, moving 4.3% on average across the report.
What is Targa Resources’s 52-week high and low?
Targa Resources’s 52-week high is $316.60 and its 52-week low is $152.22; it closed at $285.00 on Nov 4, 2026, +82.6% over the past year.
Is Targa Resources stock a buy right now?
Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 3 of the 5 items with data read as supportive (gekkoindex, fair value and seasonality), 1 as mixed (trend) and 1 as a headwind (earnings risk). The checklist is a description of current data, not a recommendation.
How this page works
During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →
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